Bikaji Foods International Ltd's Q3FY25 Quarter Results
- 07 Feb 2025
Result Summary
- Bikaji Foods International Ltd reported a 0.9% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 14.7%.
- Its expenses for the quarter were up by 7.6% QoQ and 20.5% YoY.
- The net profit decreased 59.5% QoQ and decreased 39.6% YoY.
- The earnings per share (EPS) of Bikaji Foods International Ltd stood at 1.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 722.80 | 729.11 | 629.97 | -0.9% | 14.7% |
Total Expenses | 684.28 | 636.04 | 567.79 | 7.6% | 20.5% |
Profit Before Tax | 38.52 | 93.08 | 62.18 | -58.6% | -38.1% |
Tax | 10.74 | 24.50 | 16.19 | -56.2% | -33.7% |
Profit After Tax | 27.78 | 68.58 | 45.99 | -59.5% | -39.6% |
Earnings Per Share | 1.10 | 2.80 | 1.90 | -60.7% | -42.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Bikaji Foods International Ltd is recognized for its extensive range of packaged food products, particularly focusing on traditional Indian snacks and sweets. The company operates within the food processing industry, leveraging its strong brand presence and extensive distribution network to cater to both domestic and international markets. Bikaji Foods is known for its diverse product portfolio, including bhujia, namkeen, sweets, papad, and western snacks. As of the latest available information, the company has been actively expanding its reach and enhancing its product offerings to cater to the evolving consumer preferences. Any recent major developments within the company, such as strategic partnerships or expansions, are not available in the provided data.
Revenue
In Q3FY25, Bikaji Foods International Ltd reported a total income of ₹722.80 crores. This represents a slight quarter-over-quarter (QoQ) decrease of 0.9% compared to ₹729.11 crores in Q2FY25. However, on a year-over-year (YoY) basis, the company experienced a significant increase of 14.7% from ₹629.97 crores in Q3FY24. The growth in total income on a YoY basis indicates a positive trend in revenue generation over the past year, reflecting the company's ability to maintain or expand its market share and customer base.
Profitability
For Q3FY25, Bikaji Foods reported a profit before tax (PBT) of ₹38.52 crores, which marks a substantial decline of 58.6% QoQ from ₹93.08 crores in Q2FY25. Furthermore, when compared to the same period last year (Q3FY24), there is a decrease of 38.1% from ₹62.18 crores. The tax amount for Q3FY25 was ₹10.74 crores, showing a 56.2% decrease QoQ and a 33.7% decrease YoY. Consequently, the profit after tax (PAT) for Q3FY25 was ₹27.78 crores, which is 59.5% lower QoQ and 39.6% lower YoY. The earnings per share (EPS) mirrored this trend, declining to ₹1.10 from ₹2.80 in Q2FY25 and ₹1.90 in Q3FY24, indicating a decrease of 60.7% QoQ and 42.1% YoY.
Operating Metrics
The company's total expenses for Q3FY25 amounted to ₹684.28 crores, indicating an increase of 7.6% QoQ from ₹636.04 crores in Q2FY25 and a 20.5% YoY rise from ₹567.79 crores in Q3FY24. This increase in expenses, both QoQ and YoY, may have contributed to the observed declines in profitability metrics. The impact of these expenses on the company's overall financial performance can be observed in the reduced profit margins and earnings per share for the quarter. The financial data provided does not include specific operating metrics such as production volumes or cost efficiencies, which would offer additional insights into the company's operational performance.
